No Legitimate Claim to $10 Million California Gold Find

[NickNitro]

No legitimate claim to $10 million California gold find, firm says

The currency firm representing a California couple who found $10 million worth of rare Gold Rush-era coins buried on their property says no valid claim to the collection has emerged, despite rumors that the stash was swiped in a 1901 heist.

A sale of the treasure trove, which includes 1,400 gold pieces in nearly mint condition, will proceed as planned, said coin expert David McCarthy of currency firm Kagin's.

"To my knowledge, no legitimate claims have surfaced, and I don't think that any will," McCarthy told Reuters.

Theories about the history of the Saddle Ridge Hoard, named by the owners after an area of land where they unearthed the coins in April, have emerged since the discovery was made public last week.

The coins were discovered buried in eight decaying metal cans on the couple's property in California's so-called Gold Country.




http://news.yahoo.com/no-legitimate-claim-10-million-california-gold-firm-211951171.html?vp=1

 

[KevanG]

It's a good thing they plan to keep anonymous about it.

 

[Teelie]

The currency firm representing a California couple who found $10 million worth of rare Gold Rush-era coins buried on their property says no valid claim to the collection has emerged, despite rumors that the stash was swiped in a 1901 heist.

The treasury department already cleared this. Most of these coins date back to anywhere from the 1840's through the early 1890's and had they been from the treasury heist of 1901, they'd be minted as 1899-1901.

From what I read further, it's likely a man who distrusted banks as was common in those days so he felt safer literally burying his treasure in the yard.

Now someone else gets to reap the rewards.

 

[MrsKent26]

No legit claim?

Those are mine! I was wondering where I left them and it turns out it was in California!

Seriously though. I wish I could be that lucky. I would make such a good rich person.

 

[Slushy]

I'm curious to know how a claim would be legitimate to begin with.

 

[KevanG]

Maybe something about a diary from then stating their grandfather buried it back when or something.